Publishing company DB Corp announced Q4FY22 results: FY22 (Consolidated): Advertising Revenue grew by 17.3% at Rs. 11,827 million as against Rs. 10,084 million Circulation Revenue grew by 9.9% at Rs. 4,558 million as against Rs. 4,146 million Total Revenue grew by 17.5% at Rs. 17,885 million as against Rs. 15,222 million EBIDTA grew by 1.1% at Rs. 3,228 million as against Rs. 3,193 million. Print Business EBIDTA grew in high teens with EBIDTA margin expanded by 100 basis points to around 26%, despite newsprint prices headwinds PAT grew by 0.8% at Rs. 1,426 million as against of Rs. 1,414 million Radio Business: Advertising Revenue grew by 35.1% to Rs 1,122 million versus Rs. 831 million last year EBIDTA grew by 88% to Rs.314 million versus Rs.167 million Q4FY22 (Consolidated): Advertising Revenue grew by 1.6% to Rs. 3,134 million as against Rs. 3,084 million, on a comparative higher base of last year Circulation Revenue grew by 4.4% at Rs. 1,152 million as against Rs. 1,104 million Total Revenue grew by 4.3% at Rs. 4,799 million as against Rs. 4,601 million EBIDTA stands at Rs. 663 million as against Rs. 1,047 million, aided by stringent cost control measures and despite large digital business investment for future growth. Print Business EBIDTA margin stands at 24% in spite of newsprint price increase Net Profit stands at Rs. 245 million as against Rs. 619 million. Radio business: Advertising Revenue grew by 9.2% at Rs. 303 million versus Rs. 278 million EBIDTA stands at Rs. 82 million versus Rs. 93 million Commenting on the performance for FY2022, Mr. Sudhir Agarwal, Managing Director, DB Corp Ltd said, “When the Covid-19 pandemic ravaged the country, we were extremely proud of our front-line team members who wanted to bring a sense of continuity and calm and reduce the stress of our readers. Our thoughtful editorial integrity coupled with strong on-ground reporting ensured that we were the #1 choice of readers in India and our current leadership position is a strong testament to our readers. The Digital Push to become an omni-channel news delivery powerhouse is amplified by the dominant #1 position that our Hindi and Gujarati News Apps command. This leadership position, coupled with a resurgence of traditional advertising has also enthused our team to bring innovative solutions to the advertising community. With record-breaking mega editions ushering in the revival of post covid ad spends, our broad spectrum of advertisers – small traders, hyperlocal content, large companies, MNCs and industry leaders all reposed faith in the Dainik Bhaskar Group and this has helped us generate strong returns for all our stakeholders with our Print Advertising Revenues reaching pre-Covid levels. The sustainable cost-cutting measures that we undertook coupled with the support of our readers as we increase cover prices has ensured that we end this financial year on a very strong position and are well-placed to forge newer milestones in the forthcoming quarters.” Result PDF